This platform provides a comprehensive solution for managing cryptocurrency portfolios and simplifying crypto tax reporting. It offers tools to track investments, calculate capital gains and losses, and generate tax reports compliant with regulatory standards.
Funding
Funding not disclosed
Founders
Product
Problem
Calculating and reporting cryptocurrency taxes can be complex and time-consuming due to the need to track transactions across multiple exchanges, wallets, and blockchains. Investors often struggle to comply with tax regulations, especially when dealing with various crypto activities like trading, staking, and DeFi yields.
Solution
DeCrypto.tax provides a platform for cryptocurrency portfolio tracking and tax reporting, automating the process of generating tax reports compliant with local regulations. The platform integrates with various crypto exchanges, wallets, and DeFi protocols, allowing users to track their assets and transaction history in one place. It supports capital gains, losses, and income tax reporting, catering to different types of crypto investors, from daily traders to long-term holders and DeFi enthusiasts. DeCrypto.tax simplifies crypto tax reporting by providing tools for tracking transactions, calculating gains and losses, and generating HMRC-compliant tax reports.
Target Audience
The primary target audience includes crypto investors, traders, and professionals who need to track their crypto portfolios and generate tax reports, ranging from beginners to seasoned crypto traders and DeFi enthusiasts.
Features
- Integration with leading crypto exchanges, DeFi protocols, and wallets for seamless data synchronization
- Automated tracking of crypto holdings and real-time updates on portfolio performance
- Support for various crypto activities, including trading, staking, and DeFi yield farming
- Generation of HMRC-compliant tax reports, automating the calculation of gains and losses
- Portfolio tracking with automatic or manual sync schedules
- Access to previous tax reports
- Secure payment processing through Stripe